By Ali Velshi, Christine Romans
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Do you communicate cash? you want to. it's the world’s most crucial language. It’s spoken all over. Speaking—or not less than understanding—this language lets you persist with the genuine conversations in politics, enterprise, and at paintings. knowing funds and talking the language fluently is necessary to getting ready for a comfy retirement, construction a small enterprise, making plans for school and a profession in your teenagers. each person speaks it otherwise, with diversified dialects. a few are riskier than others. a few are looking to keep their funds; others are looking to see it develop. there's no one accessory, yet figuring out the variations will make undefined, enterprise companions, and coworkers happier—and wealthier. Authors and CNN monetary specialists Ali Velshi and Christine Romans communicate the worldwide language of cash and translate it each day for thousands of audience. And...
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Extra resources for AARP How to Speak Money. The Language and Knowledge You Need Now
Or maybe they just don’t want to know. Stacy Francis, principal of Francis Financial, a financial planning firm in New York City, echoes Flynn’s thoughts. “Unfortunately,” she said, “Many couples don’t talk about money before they get married. They have no idea that their partner has $50,000 in credit card debt until they get married and they go to buy their first home together. “Money is an issue that many people are worried to talk about. Either they don’t want to offend someone, or they worry that a person is not going to love them because they have a spending issue, or whatever.
What does it mean to be fluent in money? It means following all of these conversations—about college, jobs, debt, deficits, and politics—and translating what it means for your family. We want you to make your family and your world a better place. Cheesy? Yes. Possible? Absolutely. Money Is Everywhere Whether you think it is crass or greedy to admit it, the fact is money is the world’s global language. Being fluent in money affects every area of your life. It’s more than simply your savings or the investments you may have.
How to Speak Money’s Words to the Wise 1. Self-awareness (sel•fa•wair’•niss): Know your own mind. Only you know what will make you happy. Only you know where you want to be in 3, 5, 10, or even 20 years. Once you define your individual goals, you can then begin planning to reach them. 2. Big Picture (big•pik’•sh’r): Don’t get so caught up in the details of money management that you neglect the large, strategic issues that are most important to your future. You need to look at the whole forest, not the individual trees.
AARP How to Speak Money. The Language and Knowledge You Need Now by Ali Velshi, Christine Romans